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A senior executive at DeFi Development Corp. (DFDV) has delivered one of the most aggressive long-term forecasts for the Solana price yet. According to him, Solana could see its value catapult to $10,000, leaving much of the market in the dust. This outlook, shaped by recent market turbulence and years of crypto experience, has drawn attention from industry experts as the DFDV executive outlines how SOL can reach this target by capturing a significant share of the global digital value. Solana Price To Reach $10,000 In 10 Years DFDV COO and CIO Parker White recently shared his long-term thesis on…
Canada’s government managed to pass its federal budget in parliament that would — among many other things — institute a stablecoin policy.Parliament narrowly passed Prime Minister Mark Carney’s first budget on Monday evening. Deep in the lengthy document is a section that would govern the issuance of stablecoins, overseen by the Bank of Canada. There remain other procedural hurdles for the budget’s specific provisions, but this marked a major win for the new government. In an echo of many of the points from the recent U.S. law regulating issuers of U.S. dollar-backed stablecoins, issuers in Canada must maintain one-to-one reserves…
XRP is facing one of its most challenging moments in recent months as selling pressure accelerates and the broader crypto market slips into a risk-off environment. Bitcoin’s collapse below key psychological levels has dragged altcoins with it, and XRP has not been spared. Analysts are increasingly warning that the market may be entering a bear phase, pointing to tightening liquidity conditions, rising global economic uncertainty, and a sharp decline in investor appetite for risk assets. Related Reading What makes XRP’s situation more fragile is the growing number of holders sitting on unrealized losses. On-chain data reveals that many late buyers…
Buenos Aires — Fintech giant Robinhood (HOOD) is laying the groundwork to push the traditional financial system into a permissionless ecosystem, according to the head of strategy at blockchain development company Offchain Labs.The brokerage app’s recently launched tokenized stock offering in Europe, which already includes nearly 800 publicly traded securities and is set to add private equity, is the first step in a longer, three-phase roadmap to create a permissionless financial ecosystem, said A.J. Warner, chief strategy officer at Offchain Labs, in an interview with CoinDesk on the sidelines of Devconnect in Buenos Aires.Offchain Labs is the firm behind Arbitrum,…
In brief Haliey “Hawk Tuah” Welch has been named in a new filing for a class action lawsuit against the creators of the Hawk Tuah meme coin, which collapsed shortly after launch last year. It alleges that Welch was set to be paid up to $325,000 to promote the token with what they say were “misrepresentations” of its technical capabilities. The social media influencer was left off the first draft of the lawsuit and had previously been cooperating with the law firm behind it. Haliey Welch, the “Hawk Tuah” girl, has been named in a new filing for the existing…
Schiff argues Bitcoin’s slide versus gold exposes the ‘digital gold’ narrative as a fraud and will eventually drive investors to sell. Long-term Bitcoin critic Peter Schiff is back again, this time saying the flagship cryptocurrency’s latest dip is worse when priced in gold. He also predicts that BTC could surrender all its 2025 gains if the current trend continues. BTC’s Downturn Is Worse Than It Seems Schiff claimed in a November 18 post on X that Bitcoin has lost 40% of its value when measured against gold. He added that its decline relative to the metal exposes the “digital gold”…
Paxos Labs has launched USDG0, an omnichain extension of its regulated USDG stablecoin, bringing fully backed dollar liquidity to Hyperliquid, Plume and Aptos through LayerZero’s OFT standard.According to an X post from Paxos Labs on Tuesday, USDG0 extends USDG (USDG), a 1:1 dollar-backed stablecoin issued by Paxos and governed by the Global Dollar Network, to new chains without creating separate wrapped versions. By using LayerZero’s OFT standard, USDG0 can move across blockchains as a single native asset while preserving the same regulatory protections and backing as USDG on Ethereum, Solana, Ink and X Layer. Source: Paxos LabsPaxos Labs said the initial…
In brief The Trump Organization is teaming with luxury real-estate developer Dar Global to build a resort in the Maldives. The Trump International Hotel Maldives will have 80 villas and is expected to open by the end of 2028. The firms will allow individuals to invest in the development process via a tokenized offering. The Trump Organization’s newest real estate venture will allow individuals to invest in the development process via tokenized shares, the firm’s partner, luxury real estate developer Dar Global announced on Monday. The Trump International Hotel Maldives will consist of 80 luxury villas and is set to open…
Aave, a popular decentralized finance (DeFi) protocol, has unveiled a new savings app that offers higher-yield deposit options and real-time interest tracking for retail users.According to a Monday blog post, the Aave App will offer 5% to 9% APY and show interest accrual in real time. The app includes up to $1 million in balance protection, lets users model potential earnings and supports recurring deposits.The app accepts deposits from thousands of banks, debit cards and supported stablecoins, and offers instant withdrawals with no waiting period. A waitlist is currently open for early access.Aave claims the new app is designed to…
In brief KindlyMD’s stock fell nearly 10% Monday after missing its Q3 earnings deadline, citing complex accounting from its Nakamoto merger. The Bitcoin treasury firm’s shares are down 95% from six months ago. Expected Q3 results include a $59 million loss on the Nakamoto acquisition, $22 million in unrealized digital asset losses, and $1.4 million in realized losses from selling crypto. Bitcoin treasury company Kindly MD’s share price dropped nearly 10% Monday after the firm said Friday that it won’t be able to meet the deadline for its third-quarter earnings “without unreasonable effort or expense.”The company’s shares, which trade on…

